1370 Plum StBeaumontTX77703
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Beaumont at 1370 Plum St, Beaumont, TX, 77703 with 5% annual appreciation on a $100,000 basis while $787/mo rent supports operations. Total monthly income totals $787/mo and a $489/mo payment preserves $51/mo for cash returns. Annual cash flow comes to $609/yr on $33,150 deployed, and return on cash invested reaches 21.75% in year one. Equity gained on principal adds $645/yr, and five-year appreciation sums $27,628 alongside rental yield of 9.44%. Five-year ROI measures 114.29% and total cumulative return in cash totals $37,888.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $787/mo property income versus a $489/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1962
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77703, Beaumont, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,499 (100%) |
| Owner Occupied HU | 2,363 (43.0%) |
| Renter Occupied HU | 2,345 (42.6%) |
| Vacant Housing Units | 791 (14.4%) |
| Median Home Value | $100,703 |
| Average Home Value | $148,128 |
Housing Distribution
Address Breakdown
Residential
5,894
Single Family
4,582
Multi-Family
1,312
Businesses
457
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Listed by: Christopher Tubbs • IDG Realty
Mls Name: HAR
Mls Provider:
Mls ID: #94168959
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